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A future-of-work expert explains why some companies are willing to risk losing talent to get workers back to the office

Strict RTO mandates are causing tension between workers and their bosses. BI spoke to future-of-wor…

Polly Thompson   


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Twitter to make dark mode default says Elon Musk

As Twitter is being rebranded as X, its owner Elon Musk on Friday announced that the company will m…

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Are US Treasurys still a safe-haven asset? An epic bond-market crash and rising default fears are sowing doubts.

Moody's lowered the US credit outlook to "negative" on Friday, signaling that a downgrade is possib…

Filip De Mott   


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Google reportedly paid Apple a whopping $18 billion in one year to keep its search engine the default on iPhones

Google pays a pretty penny to feature its search engine. It paid $26.3 billion on such deals in 202…

Haley Tenore   


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1 min read

Elon Musk says dark mode will be Twitter's default setting because it's 'better in every way'

After announcing that Twitter was being rebranded to X, Musk said he planned to scrap light mode, b…

Beatrice Nolan   


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Gold could rally to a new record high if the US defaults and investors flee to safety

RBC Capital Markets said "in the near term, we believe gold looks like the best hedge in the more i…

Filip De Mott   


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Janet Yellen warns debt default would undermine US leadership and raise national security concerns

Speaking in Japan at a G7 meeting, Yellen said a US debt default would also trigger a global econom…

Filip De Mott   


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Russia offers rubles to holders of $2 billion dollar bond as it tries to limit the outflow of foreign currency

Buying back dollar-denominated bonds in rubles would also ensure that local investors are paid in f…

Harry Robertson   


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Reader mailbag: From the impact of a US default to analyzing the IPO market, all your questions answered

All your finance-related questions are answered in this wide-ranging reader mailbag touching on eve…

Dan DeFrancesco   


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A fuel shortage is driving Laos which is on the brink of a debt default — to seek out cheap Russian oil

Long queues have been forming at gas stations in Laotian capital city of Vientiane as motorists scr…

Huileng Tan   


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SEBI wants to tag defaulters as "difficult to recover" where recovery is virtually impossible

Capital market regulator SEBI is planning to attach a 'difficult to recover' tag for individual d…

PTI   


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1 min read

The credit crunch is driving more bankruptcies and could spark a domino effect of defaults at larger firms, investment manager says

"Beware of the coming credit crunch. ... Small, private, and flawed companies lead defaults of publ…

Jennifer Sor   


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A US debt default will have 'unquantifiable' adverse consequences and unthinkable long-term implications, Wall Street experts warn

In a letter addressed to Treasury Secretary Janet Yellen, the 17-member group made the case for pos…

Zinya Salfiti   


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Warren Buffett says fears of bank runs and a US debt default are dangerous - and people need to be told their deposits are safe

If the US government didn't guarantee SVB's deposits, there would have been widespread bank runs an…

Theron Mohamed   


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1 min read

A credit crunch could more than double the rate that some US companies default on their debts, Societe Generale says

US corporations could default on risky, high-yield debt at more than double the normal rate, Societ…

Jennifer Sor   


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Russia is set to default on its dollar debts by paying bondholders in rubles, global banking body says

The Institute of International Finance said Russia is moving closer to a default, after the sanctio…

Harry Robertson   


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Russia says it sent $650 million bond payment in rubles after US Treasury blocked dollar transfers

Ratings agencies have said that payment in rubles on dollar bonds would put Russia in a technical d…

Harry Robertson   


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The US blocks Russia from making a $600 million bond payment as it ramps up the pressure on Moscow

The Treasury will no longer let Russia make any dollar debt payments from accounts at US banks. Ana…

Harry Robertson   


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A 'nightmare' Russian debt default is now very likely after the US blocked payments, BlueBay strategist says

Timothy Ash said US bondholders would likely be hurt by the Treasury's move, but said it's "their o…

Harry Robertson